Area Intelligence

TMN MELAKA BARU FASA 3A

10 properties
2023
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Median Price
RM 225,000
PSF: RM 226

Residential Market

Median Price

RM 225,000

IQR: RM 72
MAD: RM 39
RM 226 PSF 9.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 380,000

RM 216 PSF

PSF Trends (2021-2025)

TMN MELAKA BARU FASA 3A in Melaka Tengah, Melaka recorded 10 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 226.

This area contains both residential and commercial properties. View 35 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 185K to RM 347K, and a typical market range of RM 185K to RM 271K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 226, though individual units vary from RM 180 to RM 272 in the core range. The broader market spans RM 191.13 to RM 260.88, indicating diverse property characteristics. The spread of RM 69.75 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MELAKA BARU FASA 3A, Melaka Tengah, Melaka

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Transactions

10 properties grouped by size

800 sqft
2 units Low-Cost House
RM 185,000
LORONG 4
775 sqft · RM 239.00 PSF
Dec 2023
RM 230,000
JALAN MELAKA BARU 3/5
775 sqft · RM 297.00 PSF
Aug 2023
900 sqft
1 units Double Storey Terraced
RM 220,000
LORONG 1 OFF JLN MLKA BARU 3/8
883 sqft · RM 249.00 PSF
May 2023
950 sqft
3 units Double Storey Terraced
RM 220,000
JALAN MELKA BARU 3/8
958 sqft · RM 230.00 PSF
Sep 2023
RM 213,000
LORONG 3
958 sqft · RM 222.00 PSF
Jun 2023
RM 200,000
JALAN MELAKA BARU 3/2
958 sqft · RM 209.00 PSF
May 2023
1,150 sqft
1 units Double Storey Terraced
RM 300,000
JALAN MELAKA BARU 2/3
1,173 sqft · RM 256.00 PSF
Sep 2023
1,200 sqft
1 units Low-Cost House
RM 250,000
JALAN MELAKA BARU 3/12
1,206 sqft · RM 207.00 PSF
Mar 2023
2,650 sqft
1 units Double Storey Terraced
RM 350,000
JLN MELAKA BARU 19
2,659 sqft · RM 132.00 PSF
Jun 2023
3,950 sqft
1 units Double Storey Terraced
RM 615,000
JLN MELAKA BARU 2/1
3,961 sqft · RM 155.00 PSF
Sep 2023